$1,599,300
●
House -
Off Market
850 SUPERBA Avenue
Venice, CA 90291
2 Beds
1 Bath
664 Ft²
$2,448,466
RealtyHop Estimate
46.18%
Since Oct 1, 2019
CA-Los Angeles
Primary Model
About This Property
This quintessential 1923 California Craftsman, moments from Abbot
Kinney and Venice Beach, has been beautifully updated to offer
contemporary elegance and charm while maintaining the authentic
character. Step up to a spacious front porch through a lushly
landscaped yard. The entryway greets you with new wide plank
hardwood floors and a cozy living room area infused with outdoor
light. Two comfortable sized bedrooms and updated kitchen with wood
block countertops give way to views of a secluded backyard, perfect
for entertaining and dining. Through the generous yard, behind a
private motorized gate, sits a detached garage functional as an
additional living space, office, or art studio. Superba Avenue,
lined with Craftsman homes alike, exemplifies both the classic
Venice vibe with modern urban living of today.
Unit Size
664 Ft²
Days on Market
84 days
Land Size
0.08 acres
Price per sqft
$2,523
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #19482308)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2019 | Sold | ||
| Sold | |||
| Jun 29, 2019 | No longer available | - | |
| No longer available | |||
| Jun 26, 2019 | Listed by The Agency | $1,675,000 | |
| Listed by The Agency | |||
| Mar 29, 2019 | Listed | $1,750,000 | |
| Listed | |||
| | |||
|
This quintessential 1923 California Craftsman, moments from Abbot Kinney and Venice Beach, has been beautifully updated to offer contemporary elegance and charm while maintaining the authentic character. Step up to a spacious front porch through a lushly landscaped yard. The entryway greets you with new wide plank hardwood floors and a cozy living room area infused with outdoor light. Two comfortable sized bedrooms and updated kitchen with wood block countertops give way to views of a secluded backyard, perfect for entertaining and dining. Through the generous yard, behind a private motorized gate, sits a detached garage functional as an additional living space, office, or art studio. Superba Avenue, lined with Craftsman homes alike, exemplifies both the classic Venice vibe with modern urban living of today. The manager has listed the unit size as 664 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West Los Angeles
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Listed by: Michael Grady, The Agency
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19482308
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19482308
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